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MRP LAW
Overcharged Rs 67 on shoe MRP, Bata ordered to refund student, pay Rs 2,000 compensation. Here's what happenedA law student's Rs 67 overcharge on shoes led to a significant ruling against Bata India by the Kerala Consumer Commission. The retailer wa...- Competition watchdog flags treatment pricing issues at private hospitals in Delhi-NCRThe Competition Commission of India observed that patients in Delhi-NCR super-speciality hospitals often depend on in-house services, creat...
- Indian fliers flag dual MRP for packaged water onboard flights despite govt banA survey by Local Circles revealed that several Indian fliers reported that airlines sold packaged food and water with higher published Max...
- European retailers IKEA, H&M, Decathlon seek exemption from MRP norms in IndiaIt is mandatory for MRP to be displayed on every packaged product, along with information about the manufacturer or importer, date of packa...
- GST: Penalty, including jail, for manufacturers for not reprinting revised MRP on unsold goodsThe move to enforce the direction was taken by the government after many consumers came forward with complaints of arbitrary taxes on MRP.
- Government bans practice of dual MRP at airports, mallsAs per the order, which comes into force starting January 1, 2018, companies will not be allowed to charge a different price for water, sof...
- PepsiCo, BCCI to sell mineral water at uniform prices: Ram Vilas PaswanPepsiCo’s mineral water brand Aquafina will be sold at the same price across the country, while BCCI has decided that prices of across all ...
- Pepsi to sell bottled water at same MRP across India: Ram Vilas PaswanAlso, cricketing association BCCI will ensure that bottled water is sold at same MRP at all of its cricket stadiums, Ram Vilas Paswan said.
- Ram Vilas Paswan rules out separate law to regulate MRP of packed itemsMRP of products is fixed by private firms. But there have been complaints of charging more than MRP and declaring dual MRP.
- Medical devices notified as drugs must carry printed MRP: NPPAThese devices are non-scheduled formulations and their sales are governed by the provisions of DPCO 2013, the notification said.
- Government seeks reply from packaged water companies over different MRPsPaswan had said that sale of packaged water and soft drinks above MRP, including at airports, multiplexes and hotels -- would attract strin...
- No VAT on items sold at discount: Consumers' bodyEarlier, state forums had rejected the plea of Woodland franchises in Chandigarh and Delhi that had refused to refund VAT charged to custom...
- Govt warns of action against packaged water sale above MRPCalling for building trust among consumers about Indian standards, he said, "We go abroad and buy branded clothes happily when we see the l...
- At some Coca-Cola exclusive stores, a can of Coke worth Rs 30 costs Rs 100All the prices are printed on the cans. Insiders said restaurants are charging a mark-up of over Rs 50 on the cans to take advantage of pea...
- Budget 2015: Cigarette prices raised even before companies’ notificationIn last budget, duty on cigarettes was up by 11-72%. This time, it is 25% on cigarettes of length not exceeding 65 mm & 15% for cigarettes ...
- Smokers cough up more than MRPUnlike most products that face excise duties, this is one item where prices start moving up even before a formal announcement is made in th...
- CCI has no reason now to look into pricing of air ticketsThe fair trade regulator's comments comes against the backdrop of many airlines recently slashing airfares to attract more passengers.
- MRP on air fares would be anti-competition: CCI'Whenever supply is more and demand is less, air fares fall and in lean season the airlines do decrease air fares,' CCI said in an order re...
- Kerala govt urged to rollback VAT on MRPThe Cochin Chamber of Commerce and Industry today urged the Kerala Government to rollback its decision on the imposition of VAT on the Maxi...
- Centre plans excise rejig for job work, textile, pharma to take hitThe Finance Ministry has zeroed in on a policy measure that could impact the bottomlines of textile and pharma biggies, but bolster the gov...
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